Word: marketing
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Dates: during 1960-1969
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...industrial efficiency has been increased by the constant monitoring of all its processes. In addition, it is now recapturing some valuable chemicals that previously went up the stacks, while selling a new line of pollution-abatement equipment to other industries. Thus Monsanto has moved into a growing market that it estimates may soon reach $6 billion a year. "By 1975, we hope to be doing $200 million a year in such business," says Leo Weaver, general manager of Monsanto's new department, Environmental Control Enterprises...
...such as Diabrotica and thrips. Some synthetic poisons, for example diazinon, kill more kinds of bugs than botanicals but are also more persistent. The newest synthetic poisons are the highly toxic "systemics" (Di-syston and Meta-systox-R), which kill sucking pests after being absorbed by plants. On the market for only two years, systemics may eventually prove undesirable for garden...
...times" will last forever, the theory goes, then everyone will become more cautious in his buying decisions, demand will slow down-and prices will taper off. This effort to conquer euphoria has at last succeeded in an area of the economy that deeply affects most U.S. adults: the stock market. Wall Street's speculative binge has been replaced by the bear market...
...first victims of Washington's assault on inflationary psychology are the 100 million Americans who either own shares or participate in the stock market indirectly through pension funds and mutual funds. For many families, tumbling stock prices have at least temporarily shattered some cherished dreams. Yet the market's unsettled state brings a wry kind of cheer to Washington's inflation fighters. In their rather clinical view, stock prices are much like spinach prices or durable-goods orders: an economic indicator. Because the market mirrors investors' expectations of the performance of U.S. business...
...unskilled, why a country so rich in resources has so little for its people. The answer lies in Brazil's history of foreign economic dominations, a history of successive one-product economies (sugar, gold, diamonds, rubber, coffee) developed by foreign capitalists and then subverted by fluctuations in the world market. Subjugated by Dutch, English, and American capital, the labor force (including African slaves) was shunted from state to state...